XYZ Company has the following financial data:(1.5 marks)
Particulars
Amounts (SAR)
Total Profit for the Year
377,500
General Takaful Assets (Year 2014)
1,390,000
General Takaful Assets (Year 2015)
1,517,500
Cash
11,500
Short-term Investment
23,500
Short term liabilities
85,000
Underwriting Surplus Distributable to Participants/Participants’ Share of Profit
145,500
Gross Contribution
958,000
Net Contribution
662,500
Wakalah Fee
77,500
Commission Paid
28,300
Management Expense
58,000
Net Claim Incurred
287,500
Earned Contribution
632,500
You are required to calculate:
Return on Assets
Quick Liquidity
Surplus Distribution Ratio
Expense Ratio
Claims Ratio
Recommendations
The lectures are presented in white bored without any other materials which could help the person to understand in better way. I have found during the lecture that some workers found difficulties in understanding the main idea of the topic.
In my point of view, the lectures could be presented in an interesting way if the presenter use some other materials behind white bored for example pictures, power point, graphs, and videos related to the topics.
5.3 Radiation test of CT scan
Radiation test of CT scan is performed to determine the amount of radioactive waves emitted from CT scan. This test is an essential for all the workers inside the laboratory due to the harmful emitted waves.
The test done by the lab engineer using a special device that measures the emission of radiation waves.
Recommendations
I have noted during the test that some works do not have enough idea about the risks of radiation waves and they do not wear a special lab costume that prevent them.
My own feeling on the subject is that there should be some rules and actions taken by the responsible person in order to maintain the safety of employees also educate the staffs about the risks of radiation waves.
5.4 Oil spill
The department safety manager performed a task of Oil spill, the oil was spilled on the ground without informing any of the workers in order to test the ability of employees in dealing with various safety situations.What’s more, the manager discus around the safety issues as well as the accidents that can be cussed by oil spill and the correct way of how to deal with similar situations in future.
Recommendations
The task was completed in a useful way and improve the workers knowledge about safety in the work place.
In contrast, while running the task the safety equipment was not found in the proper place also some workers do not have a complete idea of using the equipment.
In my opinion, the department should assign some workers to check the safety gear monthly also place it in its proper place to avoid any misbehaver.
Conclusion
10.
In summery the six weeks of internship program has been an interesting experience in Weatherford labs. The training program is mainly to enable the students to apply all the theatrical and practical knowledge in real world to meet the industrial needs.
Being in different sections throughout the internship program with multi tasks assigned to the trainee for different purposes is help the trainee to improve all the soft and hard skills as well as gaining new experience and knowledge in various tasks that are related to trainee studies or in other fields that are semi related.
Moreover, this internship program also include several activities in safety which was a great opportunity to learn different safety situations in the work place and the suitable way to deal with.
All in all, this internship program increase my theoretical as well as practical knowledge in several topics related to my studies which be helpful to me in future works and studies.
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s.’ Many verifiable saints expound on such wants, for instance, Martin Luther King Jr’s ‘I had a Dream’ discourse. The renowned Austrian nervous system specialist Sigmund Freud had built up the hypothesis of therapy, or a technique where an examiner finds oblivious issues dependent on dreams and dreams. In spite of the fact that, they are various sorts and implications of a ‘fantasy,’ a longing ‘dream’ is still groundbreaking.
A genuine dream is something we will never abandon. We will progress in the direction of it until we have picked up our actual potential. Some case they are dreams, that they are exceptionally ridiculous. Be that as it may, it is a direct result of ourselves that something was not picked up. We as a whole simply prefer to censure others for our disappointments.
12.
In any case, what we don’t understand is that our disappointments are what pushes us ahead. We just need to gain from our mix-ups and proceed with our excursion. Since with a genuine dream, it is about the excursion, not about our goal. A few of us simply don’t completely put stock in ourselves for the fantasy to turn into a reality. The individuals caught in a fixed attitude are found they set disillusionment when admiring their objectives. Their lower confidence keeps them from succeeding – or in any event, attempting – in anything. They follow the strides of the ‘failures’, ‘I discuss dreams, Which are the offspring of an inactive mind, Begot of only vain dream.’ (Shakespeare) In their viewpoint, a fantasy is a bad dream, something not worth working for.